Title Insurance Title Insurance provide insurance for buyers and mortgage lenders against title risks that can affect real estate trades including survey errors, legal description errors, negligence, forgery, liens and other encumbrances. Many lawyers prefer clients to get title insurance. contact your local relocation specialists or lawyer.

Lower interest rates help buyers skip from entry level homes to higher end, extra bedrooms and space, but this brings higher property taxes, increased utility and maintenance costs. The key is not the rate, but the payment you make. Increasing your payment from $1,000 to $1,200 can save over 8 years of payments. An increase to your mortgage payment of $25 to $30 dollars will result in significant time taken off your mortgage repayment.

Real Estate Investing Start small; i.e. townhouse. After a couple of years of making payments and building equity from property appreciation, take out enough equity for a 20% down payment on a property that generates enough rent to cover it’s mortgage payments. After a few years, take out the equity from both properties to buy another revenue property, or sell the revenue property to buy a property with two or three rental suites. Gradually build your pool of revenue properties and you will begin to earn enough income to cover expenses and generate personal income, while your assets continue to appreciate.